DALLAS -- For Fleming, 2003 proved to be the end of the line for the 86-year-old wholesale giant. The company filed for Chapter 11 bankruptcy protection on April 1, and by early summer it was out of the grocery wholesale business altogether. Fleming's rapid downfall actually began in mid-2001, when it agreed, amid much hoopla, to become the sole grocery supplier for Kmart Corp., Troy, Mich. -- a 10-year agreement that made Kmart its largest customer, with annual sales expected to be around ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.